MG Network

something big isHappening!

In the mean time you can connect with us with via:

Copyright © Money Grows Network | Theme By Gooyaabi Templates

Money Grows Network

Archive

Powered by Blogger.

Welcome To Money Grows Network

Verified By

2006 - 2019 © www.moneygrows.net

Investments in financial products are subject to market risk. Some financial products, such as currency exchange, are highly speculative and any investment should only be done with risk capital. Prices rise and fall and past performance is no assurance of future performance. This website is an information site only.

Popular

Pages

Expert In

Name*


Message*

Daily analysis of GBP/USD for June 19, 2017

GBP/USD remains confined into a sideways structure which is being capped by the 200 SMA at H1 chart. The resistance zone of 1.2826 is the next level of interest for sellers, but the downside is still the preferred scenario so far. If the pair manages to break below 1.2741, it can reach the 1.2660 level for the short-term.

GBPUSDH1.png

H1 chart's resistance levels: 1.2826 / 1.2880

H1 chart's support levels: 1.2741 / 1.2660

Trading recommendations for today: Based on the H1 chart, sell (short) orders only if the GBP/USD pair breaks a bearish candlestick; the support level is at 1.2741, take profit is at 1.2660 and stop loss is at 1.2823.

The material has been provided by InstaForex Company - www.instaforex.com